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Technology Innovation — Trends And Opportunities

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Things like autonomous cars and personalized medicine are now possible. It is a thrilling time to be alive in, thanks to Artificial Intelligence, Crypto-currencies and advanced automation.

In the years ahead, there will be incredible technological breakthroughs that have a huge impact on our lives and markets. Innovation is taking place in a connected world with unprecedented levels of information and knowledge. It is driven by secret labs, universities and startups, as well as thousands of creative people around the world. It’s impossible to sum up the technology trends and potential opportunities for innovation in one article. Instead, I will list below the areas that I find most exciting — the most promising developments within the wider information technology spectrum. Here’s my list:

1. Artificial Intelligence

Everyone is talking about Artificial Intelligence these day. Yes, there are many exaggerations and hype surrounding the topic. The overall A.I. is quite impressive. The overall A.I. and pace of technological innovation make this hype easily justified. Take a look at the advancements made in areas like Deep Learning and areas such as Computer Vision, Natural Language processing.

Computer vision is making great strides, with huge applications in autonomous cars and navigation, pattern recognition, medical diagnosis, etc. Language Understanding has also made incredible progress — recently reaching the level of human understanding, Microsoft reported a word error ratio of 5.9%, which is equivalent to human performance with the same input. Digital assistants are becoming more intelligent, contextual and proactive. Your digital assistant will soon be able to not only handle your information requests and tasks but also respond to your humor. This will be a significant milestone in A.I.

Your digital assistant will learn your style of humor, how it changes depending on the time of the day, the day of week, the social arrangement, and the implicitly quantified mood. Your digital assistant can make decisions like to reply with humor or to trigger a funny dialogue. It will also be able to capture its success through your responses (or lack thereof). It is coming, and it will be great. The availability of AI-powered innovation via cloud-based AI offerings via simple-to-consume APIs, and the low cost integration scenarios make AI-powered innovation exponentially more attractive. APIs and the Cloud make it possible for even junior software developers to create cognitive apps powered by advanced A.I. capabilities.

The Innovation Mode

You can browse the offerings of tech giants like Microsoft, Amazon, Google and Facebook as a developer and select from a variety cognitive services that you wish to incorporate into your application. You can also explore open-source alternatives for reusing and adapting advanced cognitive and analytical models. Developers can now explore cognitive services at a very low cost and in a short time.One could argue, however, that A.I. The only few technology companies that make large investments in A.I., which is a major driver of innovation, is limiting the opportunities for innovation. A.I. Innovation is about how you approach solving problems, how cognitive services are combined and how they are used; how developers provide the data and signals that enable better user experiences.
I anticipate significant innovation in the way A.I. is used over the next few years. It is used to solve major problems such as the Fake News problem, safety online, security and safety online. The Latest Digital Technologies Can Help You Avoid Misinformation and Fake News

What digital tools can we use to combat fake news?

Artificial assistants can communicate naturally with digital assistants. They can seamlessly understand the context and provide smart recommendations in the best form and at the optimal time. Smarter homes will adapt to changing ‘situations’ as well as the mood of family members or individuals.

2. Natural Users Interfaces

It’s all about seamless experiences: voice driven interactions — not just voice commands, but advanced, natural dialogues, forms of communication that combine multiple signals to create meaningful, streamlined experiences. Imagine yourself in your smart house asking your digital assistant to ‘provide more details about this’. The ‘this” is automatically resolved by your Digital Assistant using gaze analyticsvia attached cameras. Your Digital Assistant will then be able to see what you were seeing when you asked the question.

Conversational experiences will become richer and more natural. Voice authentication is on the horizon. The system can identify the person asking in the previous example. Thus, the Digital Assistant can retrieve older sessions such as questions that were asked and responses that were. It can also recognize general patterns and implicitly-stated preferences or interests. The Digital Assistant will be able to answer the question better and also organize a meaningful conversation with optimization goals. Voice-driven, personalized voice experiences will become the next big thing for smart homes, smart cars and connected open spaces. Haptic aims to recreate the feeling of touch by applying force feedback or vibrations to the user. Lofelt, a startup, develops such applications for entertainment, gaming, AR and VR. Ultrahaptics works on invisible touchless interfaces. This is where AI, Natural user interfaces and AR and VR as well as Touchless User interfaces that are based on Gesture Recognition, all come together to create innovative, smart scenarios that empower end-users.

Combining multiple signals from the environment and data through natural user interfaces provides significant opportunities for innovation. Imagine a system that can identify who is in a room, what they are looking at and apply sentiment analysis to the actual conversation, movements and arrangement dynamics. Then, make decisions about providing personalized, advanced content-driven experiences. There are many more ways technology can be used in real and augmented worlds. Artificial intelligence grows nose Computer scientists have created a series of algorithms that can predict the odor of different molecules, based on their chemical structures. There are many applications, including VR, marketing, rich content and a new airport security strategy.

3. Virtual Reality

Virtual reality (VR), technology is on the rise. There are many opportunities to create innovative experiences, use cases, and products. There is significant startup activity in VR content creation. VR startups work in many areas, including E-commerce and gaming. They also use social apps, learning and education. In the next few years, there will be impressive improvements in all aspects of VR hardware, software, and content.

4. Augmented Reality

Augmented reality refers to the combination of digital and physical worlds into one experience. Examples of Augmented Reality include Google Glass and Microsoft HoloLens. This is an area that is expected to grow quickly as there is endless innovation: content experiences, data exploration, visualizations, content discovery and annotations, intelligent and contextual object annotation, dynamic world mapping and discovery and industrial applications for field workers are just a few examples of the applications that will enable us to understand the world.

5. Analytics & Visualization

Modern corporations have unprecedented access to complex data. With the vast amount of data at our disposal, new methods are needed to summaries, visualize, and present it. Innovative ways to explore data and insight could include interactive synopsis, ‘data navigation’ systems and VR and AR experiences. Voice-driven insights discovery and personalized data exploration are some examples. There are many new ways to visually browse, understand, and discover hidden patterns, trends, or structures.

 

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